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    January 26, 2016

    Weekly Raw Steel Production Ugly But at a 14 Week High

    Written by Brett Linton

    For the week ending January 23, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,670,000 net tons of raw steel, a 1.1 percent increase over the previous week but a 7.6 percent decrease over the same week one year ago. The estimated capacity utilization rate is 69.8 percent, up from 69.1 percent last week but down from 76.4 percent this time last year.

    The last time weekly raw steel production was this high was the week ending October 17, 2015 when 1,675,000 tons were produced at a capacity utilization rate of 70.1 percent.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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